Recent questions tagged project-management

Description : In which of the following systems, few rules over all

Last Answer : Oligarchy

Description : Herodatus is considered as

Last Answer : Father of History

Description : Each component of the software product is separately estimated and the results aggregated to produce an estimate for the overall job. (A) Algorithmic model (B) Expert judgment (C) Bottom-up (D) Top down

Last Answer : (C) Bottom-up

Description : Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A) Algorithmic model (B) Expert judgment (C) Top down (D) Analogy

Last Answer : (D) Analogy

Description : The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A) Technical key resources (B) Work key structure (C) Work Breakdown Structure (WBS). (D) None of the above

Last Answer : (C) Work Breakdown Structure (WBS).

Description : In the initial stage of the project the probability of completing the project is ___ . (A) Zero (B) High (C) Low (D) Any of the above

Last Answer : (C) Low

Description : The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above

Last Answer : (B) Normal distribution curve.

Description : Resorce requirement in project becomes constant while the project is in its _____ progress stage. (A) 40 to 55% (B) 55 to 70% (C) 70 to 80% (D) 80 to 95%

Last Answer : (D) 80 to 95%

Description : Five dimensions that must be managed on a project (A) Constraint, Quality, Cost, Schedule, Staff (B) Features, Quality, Cost, Schedule, Staff (C) Features, priority, Cost, Schedule, Staff (D) Features, Quality, Cost, Schedule, customer

Last Answer : (B) Features, Quality, Cost, Schedule, Staff

Description : Project performance consists of (A) Time (B) Cost (C) Quality (D) All of the above

Last Answer : (C) Quality

Description : Design phase consist of (A) Input received (B) Output received (C) Both (A) and (B) (D) None of the above

Last Answer : (C) Both (A) and (B)

Description : Following are the phases of Project Management Life Cycle. Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1

Last Answer : (A) 3-2-1-4

Description : Following is(are) the responsibility(ies) of the project manager. (A) Budgeting and cost control (B) Allocating resources (C) Tracking project expenditure

Last Answer : (C) Tracking project expenditure

Description : The project life cycle consists of (A) Understanding the scope of the project (B) Objectives of the project (C) Formulation and planning various activities (D) All of the above

Last Answer : (D) All of the above

Description : Developing a technology is an example of (A) Process (B) Project (C) Scope (D) All of the above

Last Answer : (B) Project

Description : Resources refers to (A) Manpower (B) Machinery (C) Materials (D) All of the above

Last Answer : (D) All of the above

Description : A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Last Answer : (A) Project

Description : Which structure shows the reporting relationships and communications channels for a project? a. Work Breakdown Structure. b. Organizational Breakdown Structure. c. Product Breakdown Structure. d. Responsibility assignment structure.

Last Answer : b. Organizational Breakdown Structure.

Description : Which one of the following best describes project management? a. Using APM's Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has undertaken similar ... on a project full time. d. Application of processes and methods throughout the project life cycle.

Last Answer : d. Application of processes and methods throughout the project life cycle.

Description :  A portfolio can best be defined as: a. a group of projects and programs carried out within an organization. b. a group of programs carried out under the sponsorship of an organization. c ... the sponsorship of an organization. d. a range of products and services offered by an organization.

Last Answer : a. a group of projects and programs carried out within an organization.

Description : The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

Last Answer : b. concept, definition, development, handover and closure.

Description : Who are project team members primarily accountable to? a. External stakeholders. b. The end users. c. The finance director. d. The project manager.

Last Answer : d. The project manager.

Description : Which one of the following is true for the Project Management Plan (PMP)? a. The Project Management Plan is developed by the project manager and team and owned by the  sponsor. b. A ... The Project Management Plan is developed by the project manager and team and owned by the project manager.

Last Answer : d. The Project Management Plan is developed by the project manager and team and owned by the project manager.

Description : Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Last Answer : c. An improvement resulting from project deliverables.

Description : The accuracy of an estimate should: a. decrease as a project progresses through its life cycle. b. increase as a project progresses through its life cycle. c. stay constant throughout the project life cycle. d. vary independently of where the project is in its life cycle.

Last Answer : b. increase as a project progresses through its life cycle.

Description : A Cost Breakdown Structure (CBS) shows costs assigned to: a. individual work packages using the Work Breakdown Structure (WBS). b. individual resources using the Work Breakdown Structure ... Assignment Matrix (RAM). d. individual deliverables using the Responsibility Assignment Matrix (RAM)

Last Answer : a. individual work packages using the Work Breakdown Structure (WBS).

Description : Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables ... and documentation. d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

Description : What is a visual representation of a project’s planned activities against a calendar called? a. A Gantt chart. b. A critical path network. c. A product flow diagram. d. A Pareto chart.

Last Answer : a. A Gantt chart.

Description : The main aim of a project risk management process should be to: a. identify project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c ... are threats or opportunities on a project. d. satisfy the organization's project management process.

Last Answer : a. identify project risks and then manage them appropriately.

Description : Which one of the following statements best describes the use of an issue log? a. A summary of all possible alternative resolutions of an issue. b. A summary of all the project issues, their ... for capturing all issues. d. A tool to ensure that the issue management process is adhered to.

Last Answer : b. A summary of all the project issues, their analysis and status.

Description : A review undertaken to decide whether a project should proceed into its next phase is known as a: a. gate review. b. feasibility study. c. milestone review. d. evaluation review.

Last Answer : a. gate review.

Description : Which one of the following statements best defines teamwork? a. People working collaboratively towards a common goal. b. Developing skills that will enhance project performance. c. Gathering the ... together to work on a project. d. Establishing vision and direction towards a common purpose.

Last Answer : a. People working collaboratively towards a common goal.

Description : . A key aspect of managing a project involves: a. defining which operational systems to put in place. b. identifying routine tasks. c. ensuring ongoing operations are maintained. d. planning to achieve defined objectives

Last Answer : d. planning to achieve defined objectives.

Description : Which one of the following illustrates why effective project management is beneficial to an organization? a. It utilizes resources as and when required under direction of a project manager. b. ... d. It ensures that the chief executive is accountable for the achievement of the defined benefits.

Last Answer : a. It utilizes resources as and when required under direction of a project manager.

Description : When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project ... must be disposed of. d. the capability is now in place for the benefits to be realized.

Last Answer : d. the capability is now in place for the benefits to be realized.

Description : Who has ultimate responsibility for project risk? a. Steering group. b. Risk owner. c. Project sponsor. d. Project manager.

Last Answer : c. Project sponsor.

Description : The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of  alternative options. b. ensure ... the  project. d. document the outcome of the risk, change and configuration management processes.

Last Answer : c. document the outcomes of the planning process and provide the reference document for managing the  project.

Description : Which one of the following best describes a project stakeholder? a. A party who is concerned about the project going ahead. b. A party with an interest or role in the project or is impacted by ... of the project. d. A party who has a financial stake in the organization managing the project.

Last Answer : b. A party with an interest or role in the project or is impacted by the project.

Description : Comparative estimating uses: a. current data from similar projects. b. historic data from all projects. c. historic data from similar projects. d. current data from all projects.

Last Answer : c. historic data from similar projects.

Description : Which one of the following best describes project success criteria? a. Actively seeking some senior management support. b. Measures by which the success of the project is judged. c. Achievement of milestones. d. A motivated project team.

Last Answer : b. Measures by which the success of the project is judged.

Description : An Organizational Breakdown Structure (OBS) is used to identify: a. the reporting structure and current availability of all individuals in the project. b. technical ability and line of communication ... . d. the reporting structure and lines of communication for all individuals in the projects.

Last Answer : d. the reporting structure and lines of communication for all individuals in the projects.

Description : A Responsibility Assignment Matrix (RAM) can be used to: a. define the terms of reference of the project manager. b. define the limits of the project sponsor's responsibilities. c ... response activities to project personnel. d. allocate work packages to those responsible for project work.

Last Answer : d. allocate work packages to those responsible for project work.

Description : Once a change has been requested what is the next step in the change control process? a. Evaluate the change. b. Advise the sponsor. c. Update the change log. d. Update the project plan.

Last Answer : a. Evaluate the change.

Description : Which one of the following statements best defines procurement? a. A technique to establish the best approach for obtaining the resources for the project. b. A group of interrelated resources and ... product. d. The process by which products and services required for the project are acquired.

Last Answer : d. The process by which products and services required for the project are acquired.

Description : Which one of the following statements about the project risk register is false? a. It facilitates the review and monitoring of risks. b. It facilitates the risk appetite. c. It facilitates the recording of risk responses. d. It facilitates the recording of risks.

Last Answer : b. It facilitates the risk appetite.

Description : . The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality control. d. quality audit.

Last Answer : a. quality assurance.

Description : . An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ... of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.

Last Answer : b. capture learning and document it for future usage.

Description : The document that identifies what information needs to be shared, to whom, why, when and how is called the: a. communication management plan. b. stakeholder mapping grid. c. document distribution schedule. d. responsibility assignment matrix.

Last Answer : a. communication management plan.

Description : Which one of the following statements best describes a project? a. A project is a set of tools and techniques often used when delivering organisational change. b. A project is the sum of activities ... endeavor undertaken to achieve a desired outcome. d. A project is a method of planning work.

Last Answer : c. A unique transient endeavor undertaken to achieve a desired outcome.

Description : Which of the following best describes a project environment? a. The type of organization concerned with implementation. b. The structured method used to control the project. c. The context within which a project is undertaken. d. An understanding of the risks involved in the project.

Last Answer : c. The context within which a project is undertaken.